#Trucking payroll calculations
Explore tagged Tumblr posts
joshhamilton11 · 3 months ago
Text
How ELDs Impact Trucking Payroll Calculations?
Tumblr media
Electronic Logging Devices (ELDs) have transformed the way the trucking industry tracks hours of service (HOS), improving safety and compliance with federal regulations. But beyond their primary role in monitoring driving time, ELDs also significantly impact trucking payroll calculations. These devices provide real-time, automated data that streamline payroll processes, reduce errors, and enhance overall operational efficiency. Understanding how ELDs affect payroll is essential for both trucking companies and drivers alike.
Accurate Tracking of Hours Worked
Before ELDs became mandatory under the FMCSA’s ELD mandate, many trucking companies relied on paper logs or manual time tracking to calculate pay. These methods were prone to human error, intentional manipulation, and inconsistencies. ELDs, however, offer a reliable and tamper-resistant way to log a driver’s hours on the road and during rest periods.
With ELDs, companies can accurately calculate how long a driver has been working each day, including drive time, on-duty not driving, and rest breaks. This precision ensures that drivers are paid correctly according to their pay structure—whether it’s hourly, per mile, or by the load. It also helps companies comply with labor laws related to overtime and rest requirements.
Streamlining Payroll Processing
One of the key benefits of ELDs in payroll management is automation. Since ELDs are connected directly to the vehicle’s engine, they record data in real time and can integrate with payroll systems. This automation reduces the administrative burden of manual entry, lowers the chances of discrepancies, and speeds up the payroll process. For example, if a driver is paid by the mile, ELDs can provide exact mileage reports to calculate pay quickly and accurately.
By automating the collection of critical data, ELDs also reduce disputes between drivers and employers over hours worked or compensation earned. This transparency builds trust and ensures that everyone is on the same page.
Compliance and Auditing
ELDs play a critical role in maintaining compliance with federal labor and tax regulations. Inaccurate or incomplete payroll records can trigger audits and result in fines. ELDs maintain detailed logs that serve as reliable documentation for payroll and compliance purposes. If an issue arises, these logs provide concrete evidence to support payroll calculations.
The Role of Experts in Trucking Payroll Services
While ELDs provide valuable data, interpreting and applying that data correctly for payroll purposes can still be complex—especially for multi-state operations or companies with a mix of pay structures. That’s where experts offering trucking payroll services become indispensable. These professionals know how to integrate ELD data into payroll systems, ensure compliance with regulations, and optimize payment processes to benefit both the company and its drivers.
They also help tailor payroll systems to reflect the unique requirements of the trucking industry, including handling per diem, overtime, bonuses, and multi-jurisdictional tax rules. Their expertise ensures that payroll runs smoothly, accurately, and legally.
Conclusion
ELDs have revolutionized how trucking companies calculate payroll, making the process more accurate, efficient, and compliant. By leveraging the detailed data ELDs provide and working with experts in trucking payroll services, companies can ensure fair compensation for drivers while reducing administrative burdens and legal risks.
0 notes
scriptofdevilswan · 1 year ago
Text
A sea of fear, lands me back with you
Steady hands, the resources we learned dated back to the academy. Kelly Severide made decisions that he knew would jeopardized his future now. In the moment when he climbed himself onto the rig; on the top it was a means of hiding. He calculated the chances of him dodging for cover the second he heard the commotion saw the guns, he swore he had a growing lump in his throat. Severide was a risk taker but in this case he knew had no way of escaping, as if his back was pressed up against a wall. Trapped. 
From that moment the house in between to now felt blurry, as if my body was in fight or flight. Quick thinking; the amustions that my skills guided me, that the crackling of wires helped tell 51 where he was. To help Stella know I was okay. Severide had one thing to fight for which was to keep to his promise that he’d always come home to her. He could never admit to anyone who looked him in the eye but he was scared. One wrong move would land him with a bullet in his skin, a bullet that would force his life to flash before his own eyes. He had pride, but it was his belief in Stella, in house 51 that guided him through these trenches. 
Tied up, a threat looked Kelly right in the eyes, Blinking back the memories of a shot fired at their own men, the man he had shot on defense. Even as his back was trapped, a guy wanting to kill him he was a hero at heart; he walked through fires; he couldn’t let a guy die at his own hands. Blooded hands bore into his skin. If these men who stole our rig; essentially kidnapped me, were killing to aim a bullet through their own man on the payroll what? What would they do to me? That grappling fear shook through his bones. Not that Severide batted an eye. He knew the number from memory; he had Stella on speed dail and if he was going to play risk taker he was always going to call her, proudness of himself now, speaking any annoy detail he was capable of getting out of these crooks, these ambulance firetruck stealers on the  horizons. 
He swore his life kept flashing before his eyes. But this moment; the moment the pickle he landed himself in now. Highways, the tightness of the cuffs that laced over his wrist, he swore he could feel the scars forming. Heart racing feeling that gun aimed at him. Severide had no idea if his move would work. He had sneaky tenacious on his side. His skills pulled him to safety on more than one occasion now. Hands steady on the wheel, eyes darting almost nervously from the high end road; to the man holding the loaded weapon.  A chatter of his teeth as he slowly moved the lighter near, the movement of vents, knowing the flames would give him time, a minute to consider. Heat was felt within the truck, the gunman aimed his gun for him, and he pulled over. He had about 30 seconds before this rig exploded on its own. And he was desperately jammed up now. Cuffs to the wheel, he kept trying to discretely tug on the wheel to no vail. He felt the flames starting to get heavy, in front of his face, taking in the smoke before the explosives, those seconds felt like a blur. One second he was forcefully tugging on the steering wheel for freedom, and the next he was using his own body as a shield to jump. Was it the heat? Or the force that knocked his body tumbling through the air. Steering wheel in hand. 
Impacted, head hitting the ground, the wild smoke in the air. Body felt numb, eyes barely recognizing where he was. Blurry vision on its own. Blood scars on his cheeks, his legs felt wobbly. He swore he couldn’t move. The debris from the impact, he had to use any strength he had to stand. A limb in his step. Eyes barely having full vision through the layers of smoke. He heard vague voices, he only cared about her. Stella. “ Stella.” he echoed out her name with desperation, he had to find her in the sea of smoke. Feeling run down exhausted the steering wheel still in hand as he slowly but fast moved through the smoke; the dirt from the explosion he saw her. 
The fear clear on his own face and her own. A hesitant smile  tugged as his lips as he nearly raced to her. The run down feeling hitting his body as he echoed those words.  ‘ Stell..” Right before his arm came out and wrapped around her, or collapsing give or take. Breathing in as if for the first time, he was with her. In her arms again. A future he wanted for a lifetime. 
As tightly as he could, he held onto his wife; the guiding light to his heart. He witnessed trenches in hours now, but he only thought of her; he only wanted to come home be in her arms again. Like fresh air coming from a storm. His home. 
6 notes · View notes
commercialfinancenow · 2 months ago
Text
Drilling, Mining, Oil, and Gas Exploration/Extraction use of Equipment Financing and Working Capital | Finance Facts
Introduction
The energy and natural resource sectors—particularly drilling, mining, oil, and gas—are some of the most capital-intensive industries in the world. Their operations rely heavily on advanced, specialised equipment and substantial working capital. With fluctuating commodity prices, complex logistics, and extended project cycles, companies in these sectors often turn to equipment financing and working capital solutions, which offer significant benefits, to remain competitive, scalable, and resilient.
Overview of the Industry
1. Drilling
Drilling activities are prevalent in oil and gas and mining. They require sophisticated rigs, directional drilling technologies, and support systems. Securing Fast Working Capital is essential to fund these complex operations, helping businesses quickly cover equipment costs, manage logistics, and handle unexpected expenses. Offshore and horizontal drilling have raised the bar for capital requirements, making financing solutions critical.
2. Mining
Mining involves surface or subsurface excavation for resources like coal, gold, iron ore, and rare earth elements. Operations are equipment-intensive, often requiring excavators, haul trucks, crushers, conveyors, and processing plants—all requiring significant capital outlays.
3. Oil & Gas Exploration and Extraction
This sector includes upstream (exploration and production), midstream (transportation and storage), and downstream (refining and marketing) segments. The upstream segment—exploration and extraction—demands substantial upfront investment in geological surveys, seismic imaging, drilling, and well completion technologies.
Understanding Equipment Financing
What is Equipment Financing?
Equipment financing refers to loans or lease arrangements that enable businesses to acquire equipment without a large upfront payment. Companies can purchase the equipment using a loan or lease it from a financier.
Types of Equipment Financing
Operating Lease: Off-balance-sheet financing where ownership stays with the lessor.
Capital Lease/Finance Lease: Treated like a loan, the asset and liability appear on the balance sheet.
Equipment Loans: The company owns the equipment outright after repayment.
Sale-Leaseback: The company sells equipment to a lender and leases it back to free up cash.
Key Benefits
Preservation of Cash Flow: Reduces initial outlay.
Asset Matching: Aligns cost with equipment life span.
Tax Advantages: Section 179 deduction or depreciation benefits.
Scalability: Enables quick ramp-up during favourable market conditions.
Working Capital in the Energy and Mining Sectors
What is Working Capital?
Working capital is the capital available for day-to-day operations. It’s calculated as current assets – current liabilities. In capital-heavy industries, maintaining positive working capital ensures operational continuity.
Uses of Working Capital in This Sector
Payroll and HR costs
Equipment maintenance and repairs
Consumables like fuel, lubricants, and chemicals
Payment to subcontractors and service providers
Insurance, permitting, and compliance costs
Unexpected downtime expenses
Sources of Working Capital Financing
Lines of Credit: Flexible access to funds.
Invoice Financing/Factoring: Advances based on receivables.
Merchant Cash Advances: Fast cash, high interest.
Short-term Loans: Lump sum repayment with interest.
Supply Chain Financing: Allows suppliers to get paid early.
Challenges in Financing Drilling, Mining, Oil & Gas
1. Cyclical Industry Risks
Commodity prices are volatile. Financing during down cycles is challenging as lenders become more conservative.
2. Equipment Depreciation
Heavy equipment depreciates rapidly. Residual value uncertainty affects leasing and resale.
3. Environmental and Regulatory Risks
Increased scrutiny from regulators and environmental groups impacts project timelines, permitting, and funding.
4. Remote Locations
Logistics and infrastructure needs in remote mining or drilling locations increase capital costs.
5. Technological Obsolescence
Constant automation, telemetry, and AI advancements can make older equipment less desirable.
How Equipment Financing Solves Capital Challenges
Tumblr media
Key Equipment Financed in the Sector
Drilling Rigs and Platforms (onshore/offshore)
Excavators and Loaders
Haul Trucks and Shovels
Compressors and Pumps
Seismic Survey Equipment
Processing and Refining Units
Well Logging and Testing Tools
Underground Mining Equipment
Directional Drilling and Mud Systems
Mobile Camps and Infrastructure Units
U.S. Case Study 1: Halliburton – Financing for Rigs and Expansion
Background
Halliburton is one of the largest oilfield services providers globally. In 2021, with oil prices recovering, Halliburton sought to ramp up operations across the Permian Basin. They required rapid deployment of high-spec horizontal drilling rigs and related infrastructure.
The Financing Approach
Partnered with multiple leasing firms and banks.
Used a mix of finance leases and equipment loans to fund over $200 million in new rigs.
Leveraged sale-leaseback arrangements on older equipment to raise cash.
Negotiated seasonal payment terms that aligned with high drilling season cash flows.
Results
Accelerated deployment of 25+ new rigs.
Preserved cash for strategic acquisitions.
Avoided shareholder dilution and heavy debt increases.
Enabled a 12% increase in quarterly production year-over-year.
Lessons Learned
Flexible financing can boost capacity quickly.
Diversified lenders reduce dependency risk.
Tying funding to expected production creates lender confidence.
U.S. Case Study 2: Hecla Mining – Working Capital and Lease Strategy
Background
Hecla Mining operates some of the U.S.’s oldest and most productive silver mines, including Lucky Friday and Greens Creek. In 2020, despite strong commodity prices, Hecla faced working capital issues due to supply chain delays and high maintenance costs.
Financing Solutions Used
Negotiated a $50 million working capital revolving line of credit from a regional bank.
Entered capital leases for underground haul trucks, scoop trams, and drills.
Used equipment leasebacks to free up balance sheet cash.
Deferred lease payments on new orders until delivery, matching CapEx with use.
Results
Maintained operational continuity without stock dilution.
Improved liquidity ratios and reduced average supplier payment days from 78 to 42.
Allowed increased ore throughput and reduced per-unit extraction costs.
Lessons Learned
Working capital lines minimise the risk during uncertain supply cycles.
Leasing matched to asset usage improves cost efficiency.
Strong banking relationships help in downturns and permit flexibility.
Trends in Financing for the Sector
1. ESG-Linked Financing
Financiers now offer better rates for companies with Environmental, Social, and Governance (ESG) benchmarks. Companies using cleaner fuels, safer equipment, or carbon reduction plans often receive better terms.
2. Hybrid Finance Models
Combining leasing, working capital loans, and performance-based financing (e.g., tied to extraction output or reserves proven) provides flexibility.
3. FinTech Disruption
Digital lenders and platforms now provide faster underwriting, particularly for smaller drillers or miners who lack access to big banks.
4. Equipment-as-a-Service (EaaS)
Some OEMs now offer equipment on usage-based subscriptions rather than ownership models.
How Companies Can Optimise Financing Strategies
1. Engage Early
Discuss with lenders and lease providers during planning stages to align capital with project needs.
2. Mix Financing Types
Use a blend of leasing, loans, and working capital tools for optimal flexibility and cost.
3. Track Equipment Utilisation
Use telemetry to monitor asset use. Underused equipment can be sold or subleased.
4. Prepare for Downturns
Build in covenant flexibility, interest-only periods, and variable payment options.
5. Tax Planning
Leverage tax credits, depreciation strategies, and Section 179 deductions to offset finance costs.
Conclusion
Equipment financing and working capital are vital lifelines for drilling, mining, oil, and gas extraction companies. These industries’ capital-heavy nature, cyclicality, and technological demands make innovative financing convenient and competitive. From large players like Halliburton to mid-sized miners like Hecla, success often hinges on capital strategy as much as operational efficiency. With thoughtful planning and the right financial partners, companies can mitigate risk, scale operations, and capitalise on opportunities across the energy and resource landscape.
1 note · View note
equiprsoftwaresworld · 4 months ago
Text
Equipr Software: Revolutionizing Civil Construction Operations 
Civil construction projects in Queensland face relentless challenges: equipment downtime, scheduling chaos, compliance headaches, and paperwork overload.  Equipr Software (developed by industry veteran Anthony Roche) is the game-changer for businesses in Sippy Downs and beyond. This blog dives into how Equipr's suite of tools—from crane rigging software to QR code systems—streamlines operations, slashes costs and keeps projects on track.
Tumblr media
1. Allocation & Scheduling Software: Precision Meets Power
 Allocations & Scheduling for Plant Hire
Problem: Manual scheduling leads to equipment clashes and idle time.
Solution:
Automate plant hire software to assign excavators, cranes, and trucks in real-time.
Drag-and-drop calendars for seamless construction scheduling software.
GPS tracking to monitor equipment location and utilization.
Result: Brisbane Earthworks reduced downtime by 52% using Equipr's allocation tools.
2. Mobile Dockets & Timesheets: Ditch the Paperwork
 Operator Mobile Dockets & Timesheets
Problem: Lost dockets, inaccurate timesheets, and payroll delays.
Solution:
Digitize field reports with mobile-friendly operator docket software.
Auto-sync timesheets to payroll systems (GST/TDS compliant).
QR code scans for instant equipment check-in/out.
Result: Sunshine Coast Civil cut admin hours by 70% monthly.
3. Servicing & Maintenance: Prevent Downtime, Boost Lifespan
 Servicing & Maintenance Software
Problem: Reactive repairs cost $10k+ per breakdown.
Solution:
Schedule proactive maintenance with service and maintenance software.
AI alerts for oil changes, part replacements, and compliance checks.
Generate audit-ready logs for ISO and Worksafe QLD.
Result: Gold Coast Cranes eliminated unplanned repairs for 6+ months.
4. Crane Hire & Rigging: Safety Meets Efficiency
Mobile Crane Hire & Rigging Software
Problem: Crane mismanagement risks accidents and delays.
Solution:
Crane rigging software with load calculators, lift simulations, and SWL checks.
Track mobile crane hire availability and operator certifications.
Integrate with QR code systems for instant lift-plan access.
Result: Townsville Logistics reduced rigging errors by 90% 
5. QR Code Systems: Scan, Track, Succeed
 QR Code System
Problem: Lost equipment records and manual data entry.
Solution:
Tag machinery with unique QR codes for instant access to:
Maintenance history
Operator licenses
Rental agreements
Scan via smartphone to update logs on-site.
Result: Mackay Mining saved 200+ hours/year on audits.
Why Equipr Stands Out in Sippy Downs, QLD
Local Expertise: Built for Queensland's harsh climates and strict compliance standards.
 All-in-One Platform: From plant hire software to construction management software, no more juggling 10+ tools.
Mobile-First: Access dashboards offline in remote sites.
Security: HTTPS encryption and daily backups.
Real-World Success: Coastal Civil's Story
"Equipr's civil construction operations software transformed our workflow. We schedule equipment in 15 minutes (down from 3 hours), track crane lifts with QR codes, and pass audits effortlessly. Anthony Roche's team even customized our scheduling software for construction to handle cyclone season delays!"
How to Get Started
Free Trial: Test-drive Equipr's tools here.
Custom Demo: Book a 1:1 session with Anthony's team.
Call Now:  1300 100 365 for urgent needs.
0 notes
adilblogs · 5 months ago
Text
POS System for Restaurants in Saudi Arabia: A Game-Changer for the Food Industry
In Saudi Arabia's fast-growing restaurant industry, having a POS system for restaurants is no longer a luxury—it’s a necessity. With the increasing adoption of cashless payments, ZATCA e-invoicing regulations, and cloud-based restaurant management, businesses must invest in a modern, efficient POS system to enhance customer service, improve operational efficiency, and stay compliant with local tax laws.
What is a Restaurant POS System?
A Restaurant POS (Point of Sale) system is a hardware and software solution that enables food businesses to efficiently manage orders, process payments, and track sales. Unlike traditional POS systems, modern restaurant POS solutions come with features like table management, online ordering, kitchen display systems (KDS), and real-time analytics, making them essential for restaurants, cafés, and quick-service businesses in Saudi Arabia.
Why Do Restaurants in Saudi Arabia Need a POS System?
Saudi Arabia’s Vision 2030 promotes a cashless economy, requiring businesses to:
> Accept Mada, Apple Pay, STC Pay, and digital wallet transactions. > Ensure ZATCA (Zakat, Tax, and Customs Authority) e-invoicing compliance. > Provide QR-coded electronic receipts for VAT compliance. > Streamline operations for dine-in, takeaway, and delivery orders.
A restaurant POS system in Saudi Arabia helps businesses comply with regulations, increase efficiency, and enhance customer experience.
Key Features of a Restaurant POS System in Saudi Arabia
1. Order Management & Table Service Optimization
Faster order-taking with tableside POS tablets.
Table mapping & reservations to manage seating and wait times.
Kitchen Display System (KDS) for direct order transmission to the kitchen.
2. Multi-Payment Integration (Mada & Digital Wallets)
Accepts Mada, Visa, Mastercard, Apple Pay, STC Pay, and NFC/contactless payments.
Ensures secure, fast transactions with PCI-DSS compliance.
Supports split bills and tip adjustments.
3. ZATCA e-Invoicing & VAT Compliance
Generates electronic invoices with QR codes for tax compliance.
Automates VAT calculations and digital record-keeping.
Syncs with Saudi tax authority (ZATCA) systems for real-time reporting.
4. Inventory & Recipe Management
Tracks ingredient stock levels in real time to prevent shortages.
Calculates food cost and waste management for profitability analysis.
Automates supplier order placements for restocking.
5. Customer Relationship Management (CRM) & Loyalty Programs
Stores customer purchase history and preferences.
Enables loyalty points, discounts, and promotions.
Integrates with SMS and WhatsApp marketing for customer engagement.
6. Cloud-Based Access & Multi-Branch Support
Allows restaurant owners to monitor sales, inventory, and performance remotely.
Centralized management for multi-location restaurant chains and franchises.
Automatic cloud backups to prevent data loss.
7. Employee Management & Role-Based Access
Tracks employee shift hours, performance, and payroll integration.
Restricts access levels for cashiers, managers, and kitchen staff.
Reduces fraud risks with detailed audit logs.
Types of Restaurants That Benefit from a POS System
Fine Dining & Casual Restaurants
Table mapping & reservation features.
Multi-course order tracking for smooth kitchen operations.
Quick-Service & Fast Food Restaurants
Faster checkouts with self-service kiosks & mobile POS.
Combo meal and promotion management.
Cafés & Coffee Shops
Custom drink modifications & special order handling.
Loyalty programs & subscription-based coffee plans.
Food Trucks & Pop-Up Restaurants
Mobile POS for fast, on-the-go transactions.
Integrated cashless payments and digital receipts.
Cloud Kitchens & Delivery-Only Restaurants
Seamless online order integration with food delivery apps.
Automated kitchen workflow & packaging management.
Benefits of a Restaurant POS System in Saudi Arabia
1. Faster Order Processing & Checkout
Reduces customer wait times with real-time order transmission to the kitchen.
Supports mobile ordering and self-checkout kiosks for quick service.
2. Improved Customer Experience & Retention
Personalized promotions based on customer purchase history.
Loyalty programs and digital gift cards encourage repeat visits.
3. Compliance with Saudi Regulations
Ensures 100% compliance with ZATCA e-invoicing & VAT requirements.
Stores digital receipts and tax records for audits.
4. Better Inventory & Cost Control
Tracks food and beverage stock levels in real-time.
Helps reduce waste and food costs through automated stock replenishment.
5. Scalability for Multi-Branch Restaurants
Supports franchise and multi-location expansion with centralized control.
Integrates with warehouse management for bulk ingredient procurement.
Traditional POS vs. Cloud-Based POS: Which is Best for Restaurants?
FeatureCloud POSTraditional POSData StorageCloud-based (remote access)Local storage (on-premise)AccessManage business anytime, anywhereLimited to in-store accessUpdatesAutomatic software updatesRequires manual updatesSecurityEncrypted transactions & cloud backupsRisk of data loss from hardware failureMulti-Branch SupportIdeal for restaurant chains & franchisesLimited to single locationIdeal ForRestaurants, cafés, fast food, cloud kitchensSmall, single-location eateries
How to Choose the Right Restaurant POS System in Saudi Arabia
When selecting a POS system for restaurants in Saudi Arabia, consider:
1.ZATCA & VAT Compliance – Must support e-invoicing & tax regulations. 2. Mada & Digital Payment Integration – Essential for Saudi transactions. 3.Arabic & English Support – User-friendly bilingual interface. 4.Cloud Security & Data Backup – Protects business data from cyber threats. 5.Scalability – Supports single restaurants and multi-branch chains. 24/7 Customer Support – Provides local Arabic & English support.
Future of Restaurant POS Systems in Saudi Arabia
AI-Driven Menu Optimization – Predicts customer ordering patterns.
Self-Checkout & Contactless Ordering – Reducing dependency on waitstaff.
Voice-Activated Ordering & Chatbots – Enhancing the digital dining experience.
5G & IoT Smart Kitchens – Automating food preparation workflows.
A POS system for restaurants in Saudi Arabia is more than just a billing tool—it’s a complete restaurant management solution. Whether you run a fine dining restaurant, café, food truck, or cloud kitchen, investing in the right POS software will enhance efficiency, improve customer experience, and ensure compliance with ZATCA and VAT regulations.
With Saudi Arabia’s digital transformation and cashless payment revolution, having a modern, cloud-based restaurant POS system is the key to success and scalability in the food and beverage industry.
0 notes
constructionaccounting · 5 months ago
Text
616: Common COGS Misconceptions Related To Construction
If you've been a long-time reader or a contracting company owner, you've probably heard about "Cost of Goods Sold" (COGS). But what does it really mean, and why is it crucial for your construction business's success? Understanding COGS isn't just about accounting—it's about making smart decisions for profitability, pricing, and more. 
  1. What is the Cost of Goods Sold (COGS)? 
  COGS represents the direct costs of creating the products/services your business sells/provides. These include materials, labor hours, and even manufacturing overheads. Any expense that contributes directly to a product's creation is included in COGS.
  COGS provides critical insights into your business's efficiency and profitability. It's a fundamental metric showing how much you spend to produce inventory relative to your sales. 
   Contractors often ask us if they can buy our Chart of Accounts with Cost of Goods Sold and import them into their QuickBooks Desktop or QuickBooks Online file. The answer is yes! We also offer the complete QB Setup Template.
2. What are the components of COGS? 
COGS isn't one-size-fits-all. It includes different types of costs depending on your business. 
Here are the main components typically included in COGS:
Materials: Raw ingredients or parts used to provide your service
Payroll: The wages you pay to employees directly involved in production
Manufacturing Overheads: Indirect costs required to produce services, such as equipment depreciation or utility costs. 
Note 
General overheads, such as office or marketing costs, are not included in COGS—only expenses tied directly to production count. 
3. How do I calculate COGS? 
Fortunately, calculating COGS follows a straightforward formula:
COGS = Beginning inventory + Purchases during the period – Ending inventory 
Breaking it down:
Beginning inventory: The inventory value on hand at the start of the accounting period. 
Purchases: All costs for new inventory bought or manufactured during the period. 
Ending inventory: The value of unsold inventory at the period's end. 
Example Calculation 
Imagine you run a small boutique that sells handmade gifts. If:
Your beginning inventory is $5,000, 
You spent $8,000 on materials and production, and 
Your ending inventory is $2,000, 
Then your COGS would be: 
$5,000 + $8,000 – $2,000 = $11,000 
This $11,000 represents the cost of creating the products you sold during the period. 
But wait - that is for a retail business. Simple. What about construction?
Direct Costs are tied to the jobs (field labor, materials, and other cost items). Office materials (pencils, paper, toner, etc.) are overhead. Yes, an accountant could say these many pencils are used in the field and that notepad is used in the truck. 
The answer is the dividing line of the direct costs to the job: the Costs of Goods Sold (COGS).
That is why we've created our Chart of Accounts, which you can use inside QuickBooks, depending on your type of construction business.
Most COGS accounting methods you will find are for inventory valuation, which is confusing to most contractors.
Confusion always arises about the material. A construction contractor may purchase material and resell it to their customer at cost, thinking it is a reimbursable expense. (You lose money when doing this.)  
Remember, all invoices to the Customer (Retail, General Contractor, Spec Builder, Developer) are income. Washington State has a clear explanation. If the words are on the invoice, then the invoice is either taxable or non-taxable based on other factors. Every line item on a customer invoice is income.  
Purchases for the material are the Cost of Goods Sold or expenses if you are short-cutting your accounting. I have seen financial statements backed out because they will reflect reimbursable income as a negative number, thereby showing it as a deduction. (The net effect is double-dipping on the expense side.) The cause is that the accounting software is not being correctly set up. We fix bad QuickBooks setups for Construction Contractors.
New Construction Home Building is another area of confusion. In the mind of many construction contractors, a Spec home is any new house being built for resale. That is true; it is a New Construction House. The question is on the construction accounting side. For the Owner and Developer (who might be the General Contractor running the job), it is a Spec Home. 
For the General Contractor who is building a New Construction Home for a Developer, it is NOT a Spec Home. Why might it seem the same as both are New Construction Houses? The question to be answered is, "Who owns the house?" - It is a Spec House in the accounting system for THE OWNER.    
If the General Contractor does not own the house, then from the accounting side for that specific General Contractor, the house is a Custom Home with an owner who is not the General Contractor.  
Suppose the General Contractor or developer owns the new house being built. In that case, it is a Spec House in the Accounting System. All costs roll up into WIP (Work-In-Process) and convert to COGS when the house is sold, not before. Recognize expenses when the home sells. Otherwise, expenses one year and sales the next equals taxes.   
In Washington State, all construction contractors working for a spec builder must collect sales tax on all services (labor and material) when billed by the general and trade construction contractors.
In Washington State, all Construction Contractors working on Custom Homes, Residential or Commercial Projects, large or Small Remodels, or Handyman Projects can accept a reseller permit from the General Contractor. The general contractor bills and collects sales tax from the Owner.  
In Washington State, Contractors must collect sales tax on all retail projects, including Labor, Materials, and others. Sales tax must be collected on every line item. Customer Discounts can be given for any reason.
And that is just for one state.
Pro Tip 
Consult with your accountant to identify the best method for your business—tax implications vary by approach. 
4. Why does understanding COGS matter? 
Knowing your COGS is a game-changer for managing and growing your business. Here are some ways it benefits you:
Profitability analysis - COGS is crucial for calculating gross profit. Subtracting COGS from revenue reveals how much your products contribute to your bottom line. 
Pricing strategy - Understanding how much a specific project costs allows you to set prices that cover expenses while leaving room for profit. 
Financial reporting - COGS is necessary for accurate income statements and tax reporting. It also demonstrates operational efficiency, which is key for attracting investors or securing loans. 
Tax benefits - COGS are deductible, reducing your taxable income. The more precise your calculations, the better-positioned you'll be during tax season. 
5. How can your accountant help 
Managing COGS can be complex, but you don't have to go through it alone. Your accountant is your best ally when navigating this process. 
They can:
Help you set up your Contractor Chart of Accounts
Ensure all eligible expenses are accounted for (and not missed!). 
Revise your tax strategy while staying compliant with regulations. 
One of the most dangerous and difficult steps in setting up the Chart of Accounts is during QuickBooks setup, especially for contract service-based businesses. Get this one thing right, and your QuickBooks for contractors can generate useful financial and job costing reports. If you get it wrong, you will never get useful reports, no matter who handles your contractor's bookkeeping services needs. The reports you do get could lead you to make decisions based on insufficient information that could destroy your entire construction company.
A thought 
Understanding your Cost of Goods Sold isn't just an accounting exercise—it's the foundation for business success. Calculating and tracking COGS effectively will empower you to make better pricing, profitability, and growth decisions. 
Why struggle with numbers when you can partner with someone who lives and breathes construction accounting? Freeing up your time lets you focus on growing your business. You are never too small for us to help, and we can help you begin with your first day in business.   
I am looking forward to being of assistance.  
About The Author:
Tumblr media
Sharie DeHart, QPA, is the co-founder of Business Consulting And Accounting in Lynnwood, Washington. She is the leading expert in managing outsourced construction bookkeeping and accounting services companies and cash management accounting for small construction companies across the USA. She encourages Contractors and Construction Company Owners to stay current on their tax obligations and offers insights on managing the remaining cash flow to operate and grow their construction company sales and profits so they can put more money in the bank. Call 1-800-361-1770 or [email protected]
  Check out this episode about Contractors Marketing - Accounting - Production (M.A.P.)!
0 notes
gnsaccountacy · 1 year ago
Text
Risks of Non-Compliance -Payroll Laws and Regulations Impact
Maintaining payroll compliance can be challenging, especially with changing regulations across different states. Employers who fail to comply with payroll laws risk severe financial penalties, lost employee trust, and reputational damage. Here’s a closer look at the potential risks of non-compliance and how payroll experts like us can help you navigate these challenges.
Tumblr media
1. Misclassification of Workers
Proper classification is crucial to determine whether an individual is an employee or an independent contractor. Misclassification can lead to underpayment of taxes, potential legal action, and penalties:
Example: In California, truck drivers who are paid per mile might not receive overtime or accurate wage statements if they are misclassified as contractors instead of employees.
Solution: Our payroll experts can guide you in applying the correct criteria for worker classification across different states, such as California, New York, New Jersey, and Indiana.
2. Inadequate Wage Statements
Wage statements missing critical information can result in significant penalties:
Example: In California, wage statements must include gross/net wages earned, total hours worked, and other information. Missing or indecipherable details can lead to Private Attorneys General Act (PAGA) claims.
Solution: We help review and refine wage statements to ensure all legally required details are included, reducing your risk of PAGA claims or penalties.
3. Paid Leave Policies
Failing to provide accurate paid leave (e.g., sick days) is a significant compliance issue:
Example: California requires employers to provide five days or 40 hours of paid sick leave in 2024. New York and New Jersey have specific paid sick leave laws, while Indiana has unique rules around unpaid leave.
Solution: Our team monitors changes in paid leave laws and helps you implement appropriate policies, whether through frontloading or accrual methods.
4. Incorrect Tax Withholding
Changing federal and state tax withholding rates can result in incorrect withholdings and underpaid taxes:
Example: Federal withholding tables are updated annually, and states like New York and California have different requirements. New Jersey requires withholding adjustments for varying wage levels.
Solution: We use advanced payroll software to ensure accurate tax withholding based on the latest IRS and state regulations. We also offer consultations to refine your payroll setup.
Tumblr media
5. Overtime Miscalculations
Overtime rules vary across industries and states, making compliance tricky:
Example: In California, non-exempt employees working over eight hours a day or 40 hours a week must receive overtime pay. However, Indiana and New Jersey each have unique overtime laws.
Solution: Our experts evaluate your payroll processes to ensure that overtime is calculated correctly for all employees, regardless of state.
6. Record-Keeping Requirements
Failing to keep comprehensive payroll records can lead to compliance issues during audits:
Example: Employers in California must keep wage statements and deductions for three years, while Indiana requires maintaining pay stubs that detail hours worked and deductions.
Solution: We can help you create a robust record-keeping system that meets federal and state guidelines, ensuring you can easily navigate audits or employee claims.
Conclusion
Payroll compliance is complicated, but it’s essential to avoid costly penalties and legal disputes. Our firm specializes in providing tailored payroll solutions that keep you compliant with federal and state regulations across California, New York, New Jersey, Indiana, and beyond. We proactively monitor payroll accounts, inform you of changes, and refine payroll practices to safeguard your business in 2024 and beyond.
If you have any questions related to any of the issues we discussed above, contact us for a consultation.
0 notes
avaaltechnologysolutions · 1 year ago
Text
What to Look For in a Trucking Dispatch Software Solution
Technology plays an increasingly large role in the transportation industry these days, and having the right software is vital to running an efficient business. Trucking dispatch software makes it easy to manage your fleet from one easy to use platform. But how do you know if the trucking dispatch software you’re looking at is the right one for your business? Here are a few things you should look for. Software Features
Determine what software features and functionality are most important for your business and assess whether the software offers them. Do you need a dispatch software that incorporates specific functionalities, like linking or splitting trips? AVAAL Express Dispatch and AFM 2020, our cloud-based trucking management software, offer the widest range of functions for dispatching, including FTL/LTL/consolidation, SMS dispatch, splitting trips, lane rates, calculating empty miles, and even payroll capabilities! Comprehensive Solution
A comprehensive dispatch software solution is versatile enough for you to use throughout all areas of your business, including fleet management, order management, accounting, and administration. Having all of these functions in one software solution can be a significant cost savings for your business and improve efficiency within your trucking company. User Experience
If you’re going to be integrating a new software into your business you should make sure that you and your employees can easily use it. A software with an extensive list of features is great, but if it has bugs or is too difficult to use, adoption rates across your company may be low. Our trucking dispatch software was built with a focus on user experience and ease of use. You can easily access all of our software features for dispatching, fleet management, driver management, safety & compliance, and accounting all within a single easy-to-use platform. Support
Even the best software may run into technical issues now and then. That’s why it’s extremely important to find a dispatch software that is accompanied by comprehensive support options. We have support staff available to assist you with installation, configuration, navigation, and training. You can also reach us 24/7 through our technical support hotline. Ready to see how AVAAL Express Dispatch and AFM2020 can improve efficiency and cost savings within your trucking business? Sign up today or request a demo to explore all of the features it offers.
0 notes
softhostitbhisab · 1 year ago
Text
bHisab (ERP Brick Field Management Software)
Is Bricks Management Easy with bHisab (ERP Brick Field Management Software) ?
Yes, handling a brick business also needs a lot of hard work and management skills. That’s why Soft Host IT came up with the idea of bHisab (ERP Brick Field Management Software) , our highly reliable brick business management software. Like any other business, brick business also requires managing accounting, stock, production, sales, payroll, etc. When taking care of all these things manually, you are surely going to mess up things.
Tumblr media
bHisab (ERP Brick Field Management Software)  can’t develop in a single day. It take several months to understand the requirements of the brick Field business owners to incorporate all the features that could make business management easier for them. After asking about the issues they face while managing their businesses, we decided to create something that could give them a best solution for Brick Field industry.
We also do offer customize Software Solution, so If you need any changes or want to add more features than our developer team always ready to build for you, to give you the best support.
youtube
Estimate how much raw material like coal or sand is required in near future.
Automatic wages calculation for all Sardar & labor working in Brick Field
Round wise record of raw filling.
Truck wise or a Driver wise total account.
Stock summary and stock ledger of baked bricks (Finished stock wise).
Complete record of advance order and sale process.
SMS integration.
Timely reminders for due payment and receipt.
Tumblr media
Contact With Us :
☎ +88 02 477 727 285  📱 +88 01996 702370-75 
📧 [email protected], Skype : Palash.hossain4 
Facebook Page : www.facebook.com/softhostit 
Web : www.softhostit.com / www.bhisab.com / www.amarhisab.com
1 note · View note
joshhamilton11 · 5 months ago
Text
How To Handle Payroll For Drivers Who Work In Multiple States?
Handling payroll for truck drivers who work in multiple states involves understanding state-specific tax laws, including income tax, unemployment insurance, and workers' compensation requirements. Ensure compliance by calculating state tax withholdings for each location worked. Use payroll software or an expert to manage multi-state regulations, and track mileage or time worked per state to determine the correct deductions.
2 notes · View notes
axonsoftwareca · 2 years ago
Text
Stay Ahead of the Curve with Modern Trucking Payroll Software
Do you often get headaches from managing your trucking company's payroll? Well, you're not alone! But fear not, because we have the solution you've been waiting for – Trucking Payroll Accounting Software. In this blog, we'll take you on a journey through the world of modern payroll software designed specifically for the trucking industry.
Why Trucking Payroll Software?
1. Accuracy Guaranteed
No more manual calculations or data entry errors that haunt your dreams. Trucking Company Payroll Software takes care of all the number-crunching, ensuring that your drivers are paid accurately and on time. Say goodbye to disgruntled employees!
2. Time-Saving Marvel
Managing payroll can be a time-consuming endeavor. With payroll software, you can complete tasks that used to take hours in a matter of minutes. Imagine the extra time you'll have for strategic planning and growing your business.
3. Tax Compliance Made Easy
Tax regulations are ever-changing, but your software isn't fazed. Trucking Company Payroll Software automatically updates to ensure you remain compliant, saving you from the headache of deciphering tax codes and filling out forms.
4. Effortless Deductions
Tracking various deductions, from insurance premiums to union dues, can be a daunting task. Modern payroll software not only tracks these deductions but also handles the calculations with ease.
Get Started Today
Don't get left in the dust of outdated payroll practices. Embrace the future of trucking payroll management with cutting-edge software. With modern trucking payroll software, you are not just managing payroll; you are propelling your business forward.
So, what are you waiting for? Make the change today and stay ahead of the curve with modern Trucking Payroll Software. Your journey to hassle-free payroll management begins now!
To know more about Best Eld For Trucks please visit our website: axonsoftware.com
0 notes
odatasolutions · 2 years ago
Video
tumblr
VelociTrack Location Permission Declaration | Odata Solutions
VelociTrak is a context-aware Vehicle, Load, Location, Activity, Time, Tracking and Real-time Fleet Telematics Management Software.
The main purpose of the app is to track real-time location of drivers for managing  loads carried and provide information to Dispatch operations.
VelociTrak  automatically stamps the geo-location information for tracking geo-fenced trip start time, trip end, load travel times which are used for the calculating driver pay.
Our Other  Business ERP Solutions:
Gainz Retail - Retail + POS with built-in E-commerce Webstore
Gainz Service - Field Service and Work/Job Order Management
Gainz Project - Project Management for Multi-Sites
Gainz Worksite - On-site Management of Personnel, Materials and Equipment
Routier TMS - Transportation and Freight for Trucking, Courier and Intermodal
InWaLog - Inventory, Warehouse Commerce, Fulfillment & 3PL Logistics
Gainz WorkClock - Employee Scheduling, Time & Attendance and Payroll
Visit us for more details - https://www.odata.com/
1 note · View note
seolisame · 5 years ago
Text
BASE CHILD SUPPORT
In Canada child support is comprised of more than one component. The courts will address the issue of base support first. This is also known as section 3 support (from its origin section in the Federal and Provincial child support guidelines see https://laws.justice.gc.ca/eng/regulations/SOR-97-175/page-1.html), or the “table amount’, since it is derived from a set of provincial tables.  https://laws-lois.justice.gc.ca/eng/regulations/SOR-97-175/page-14.html#docCont.
Base child support is generally the least complex amount to compute since it can be calculated by referencing the appropriate provincial table. The amount is actually determined from a formula and the tables are the banded results of applying that formula. You can also use the Child Support lookup tool provided on the Justice Canada Website. https://www.justice.gc.ca/eng/fl-df/child-enfant/cst-orpe.html. You will note the tables will only provide guidance for incomes up to $150,000, whereas the look-up tool will apply the formula to any income level.
The formula is based on only three inputs, the resident province of the payor, the number of dependent children, and the income of the payor.
Even though the formula is simple, this issue continues to be highly contentious, and the number of cases brought every year to order this amount is enormous. There are different reasons for this. Even though separated couples can easily access the calculation and can easily agree on the resulting amount, a court order is usually sought (many times on consent), in order to make the agreement official. Also, a court order can be sent for registration with the government’s Maintenance Enforcement Program (MEP) LINK in the event the agreement is broken or sporadically complied with. MEP is the only body with the authority to enforce payment. Private collection agencies cannot collect child support.
Again, though the tables are readily available, disagreement can arise over either of the three inputs. The correct provincial table is not generally litigated, though at times a payor parent may move across a provincial border and then a change is required. The number of children is generally not in dispute, but sometimes the status of step-children may need clarification, and at times the issue of parentage may need to be determined. Generally, someone who acted as a parent (i.e. stood in loco parentis) to a child or is found to be the biological parent, will be responsible for support. The determination of the payor’s income (aka Guideline income) is usually the persons line 150 on his Canadian tax return. But, the court will set the amount based on the most recent information available (see section    ), which may be someone’s last three paystubs, a letter from an employer, on an extrapolated calculation of the current years total income, just to mention a few. In the case of a self-employed person, or a shareholder in a corporation, someone who works outside of Canada, or other non-traditional cases, some alternative methods of calculation (including pure imputation) may be employed. See sections 16-20.
Litigation is also caused by misinformation. I have encountered a number of persons who believe that shared parenting will negate the obligation to pay support. This is not true. It may cause a reduction, but the obligation will not negate. Shared parenting is the term used to describe the situation when separated parents each parent the children for roughly equal amounts of time. A special section of the Guidelines states that any person who has custody of or access to a child for more than 40% of the time is entitled to receive child support for that child. So, if both parents have the child for 50% of the time, they are both entitled to receive child support from the other. This is handled by calculating the amount owed to either parent and the offset amount is then awarded payable. The result is that the parent with the higher income will have to pay some support to the other parent based on the difference between their incomes.
Another common misconception I see is the assumption that base child support is calculated using a parents take-home income. This is false. Line 150 is your gross income before taxes or other payroll deductions are removed. And it includes all income including overtime, employee contributions to RRSP’s, etc. Some employee allowances such as travel allowances, truck allowances, etc., may not be included, but only to the extent that they reimburse the employee for actual out-of-pocket expenses of the employee. There are defences to the application for base child support, but they are few and far between. They usually result in small discretionary reductions only. The only absolute bar to an application is that the child is not yours (paternity testing required), or to bring successful evidence to prove you did not stand in place of a parent to the child. If you were married, both of these are presumed in law.
There are adjustments allowed if your income is over 150,000, if you took on a large proportion of the matrimonial debt upon separation, if you are making indirect support (the mortgage, maybe), if you are paying all of the costs of travel required to access the children ( but not always), but keep in mind each of these are at the discretion of the judge.
There is one claim referred to “undue hardship” which will be successful if the payor can successfully prove that his household income is actually less than that of the recipient, and that the payment of support would cause a hardship upon the payor. This calculation is found in the guidelines, and a worksheet is available to assist persons through the calculation. https://www.justice.gc.ca/eng/rp-pr/fl-lf/child-enfant/guide/step8-etap8.html.
Persons often ask: “what if my income changes? Or What happens if I get laid off?” Unfortunately, in Alberta this has become a common scenario. Generally, if you have an existing court order, and you cannot get your ex’s agreement to reduce your support, a court application to vary the order will be required. The test for reducing child support based on income changes is whether or not that change is temporary. If you are laid off, you will have to show the court that this is not a temporary situation otherwise you will not be successful.
If your order is being enforced by MEP and you are an employee, your support can be automatically adjusted each year by MEP if your court order says you agree to have the amount subject to the MEP’s recalculation program. This program is useful for smaller, or seasonal adjustments to your income. But the recalculation program is an annual recalculation. Situations that involve catastrophic changes should be handled by court application.
People often ask if court orders must be registered with MEP. The answer is no, but either party has the right to choose to do so, and if they do there is no defense to the registration.  
Some of the above issues will be more fully explored in further blog postings.
1 note · View note
adilblogs · 5 months ago
Text
Cloud POS in Saudi Arabia: The Future of Business Transactions
As Saudi Arabia moves toward a digital-first economy, businesses are rapidly adopting Cloud POS systems to streamline operations, enhance customer experiences, and comply with local tax regulations. With the rise of cashless payments, cloud computing, and ZATCA e-invoicing requirements, investing in a Cloud POS system in Saudi Arabia is no longer optional—it’s essential for business growth and efficiency.
What is a Cloud POS System?
A Cloud POS (Point of Sale) system is a web-based software solution that allows businesses to manage sales, inventory, and customer data in real-time. Unlike traditional POS systems that store data on local servers, Cloud POS solutions store data on secure cloud servers, enabling business owners to access their POS system from anywhere using an internet connection.
Cloud POS systems are particularly beneficial for retail stores, restaurants, and service-based businesses in Saudi Arabia looking for scalability, compliance, and remote management.
Why Cloud POS is Essential for Businesses in Saudi Arabia
Saudi Arabia is undergoing a rapid digital transformation as part of Vision 2030, promoting cashless transactions, digital receipts, and e-invoicing compliance. Businesses are required to:
Implement ZATCA (Zakat, Tax, and Customs Authority) e-invoicing.
Accept Mada, Apple Pay, STC Pay, and digital wallet payments.
Enable remote business management and cloud-based solutions.
A Cloud POS system ensures compliance, efficiency, and scalability, making it the ideal solution for businesses in Saudi Arabia.
Key Features of a Cloud POS System in Saudi Arabia
1. Remote Access & Business Monitoring
Manage sales, inventory, and employee activities from any device.
Monitor multiple locations from a centralized cloud dashboard.
Access reports and analytics in real-time, anywhere in Saudi Arabia.
2. ZATCA e-Invoicing Compliance
Automated VAT calculations for accurate tax reporting.
Electronic invoices with QR codes for seamless compliance.
Cloud-based storage of invoices, reducing paperwork and errors.
3. Multi-Payment Support (Mada & Digital Wallets)
Accepts Mada, Visa, Mastercard, Apple Pay, STC Pay, and contactless payments.
Integrates with local Saudi banks and fintech solutions.
Provides secure, encrypted transactions for customer safety.
4. Real-Time Inventory Management
Tracks stock levels across multiple locations in real time.
Sends automatic low-stock alerts and supplier restocking reminders.
Supports barcode scanning and batch tracking for accuracy.
5. Multi-Language Support (Arabic & English)
Arabic and English interfaces for ease of use in Saudi businesses.
Supports bilingual receipts and invoices for compliance and customer convenience.
6. Employee & Role-Based Access Control
Assign different user roles and permissions to prevent unauthorized access.
Tracks staff performance, shift hours, and payroll calculations.
7. Integration with eCommerce & Accounting Software
Syncs with Shopify, WooCommerce, Magento, and local Saudi eCommerce platforms.
Integrates with QuickBooks, Xero, and Saudi tax software for financial management.
8. Automatic Updates & Data Backup
Ensures automatic software updates to remain ZATCA-compliant.
Cloud backup protection against data loss and cyber threats.
Industries That Benefit from Cloud POS in Saudi Arabia
Retail Businesses
Supermarkets and hypermarkets.
Fashion, electronics, and specialty stores.
Pharmacies and health & beauty shops.
Restaurants & Cafés
Fine dining, quick-service restaurants, and fast food outlets.
Coffee shops, bakeries, and cloud kitchens.
Food trucks and catering services.
Service-Based Businesses
Salons, spas, and fitness centers.
Auto repair shops and car rentals.
Hotels, tourism, and event ticketing businesses.
Benefits of Cloud POS for Saudi Businesses
1. Cost-Effective & Scalable
No need for expensive on-premise servers and IT maintenance.
Scales easily for single-location stores, franchises, and multi-location chains.
2. Faster Transactions & Checkout Process
Reduces wait times with mobile POS and self-checkout options.
Improves customer experience with quick, contactless payments.
3. Enhanced Security & Compliance
Encrypted cloud storage ensures data protection.
PCI-DSS compliance for secure payment transactions.
ZATCA e-invoicing features keep businesses tax-compliant.
4. Improved Customer Experience
Personalized promotions using CRM and loyalty programs.
Supports digital receipts, refunds, and gift cards.
5. 24/7 Business Monitoring & Insights
Real-time sales reports, stock alerts, and profit analysis.
AI-powered analytics help predict sales trends and customer behavior.
Cloud POS vs. Traditional POS: Which is Better?
FeatureCloud POSTraditional POSData StorageCloud-based (remote servers)Local server (on-premise)AccessRemote access from anywhereOn-site access onlyUpdatesAutomatic software updatesManual updates requiredSecurityEncrypted cloud backupsRisk of data loss from hardware failureScalabilityEasily expands with business growthLimited by local storageIdeal ForMulti-location businesses & remote managementFixed-location stores
How to Choose the Right Cloud POS in Saudi Arabia
When selecting a Cloud POS system for your business, consider:
ZATCA & VAT Compliance – Must support e-invoicing & VAT regulations.
Mada & Digital Payment Integration – Essential for Saudi transactions.
Multi-Language Support – Arabic & English interfaces preferred.
Cloud Security – Encrypted transactions & automatic backups.
Scalability – Supports growth from small businesses to multi-location chains.
Customer Support – 24/7 local support in Arabic & English.
Future Trends in Cloud POS for Saudi Arabia
AI-Powered Analytics – Predictive insights for inventory & sales.
Self-Checkout & Kiosk POS – Increasing adoption in hypermarkets.
5G & IoT Integration – Faster transactions & smart inventory tracking.
Blockchain-Based Payments – Secure digital transactions for businesses.
A Cloud POS system in Saudi Arabia is the key to business growth, operational efficiency, and regulatory compliance. As the country embraces a cashless economy, businesses that adopt cloud-based POS solutions will gain a competitive edge, ensuring long-term success.
Whether you run a retail store, restaurant, or service business, investing in a Cloud POS solution will help you stay ahead in Saudi Arabia’s evolving digital landscape.
0 notes
greenjoecoffeetruck-blog · 5 years ago
Text
Mobile Coffee Truck Business: Why It Is A Great Career Option?
Are you tired working for someone else? Want to start a coffee shop but do not know where to start? Not sure if coffee trucks are profitable?  If you have always had a passion for coffee but a coffee shop seemed daunting then consider starting a coffee van business!
Why a mobile coffee truck? In this article, we will discuss how a mobile coffee truck is profitable, how much it cost to start up a coffee truck and how to plan a mobile coffee truck business.
Tumblr media
Lower Startup Cost
The great option about starting a mobile coffee truck is you can decide how much to invest. Some coffee trucks begin with the barebone basics: Coffee. Later they add espresso to their menus. This stepping stone allows you to start with a lower budget and reinvest as you go. Or if you wish and have the budget, you can go all in with your investment. Either way, because you avoid purchasing furniture, fixtures and flooring that a typical coffee shop demands, you save a considerable amount of money. Lower start up cost also lowers the risk. If you are interested in reading more about starting a mobile coffee truck with different start up budgets please read this article: https://bit.ly/33mzB80
No Need Of Retail Rental Space
When starting a coffee truck business, you don’t have to worry about getting a retail rental space. There is no need of getting locked into a several years contract. You can simply park the vehicle on public or private property and begin selling coffee.  If you aren’t doing well at a particular location, you can easily shift to a newer one. Having the flexibility to move your coffee truck, lower your risks and  ensure you can pick your own hours.
Creating a Mobile Coffee Truck Business Plan
If you want a profitable coffee truck business, you will need a solid business plan. The first thing you need to find out is your start up cost. How much does it cost to start a mobile coffee truck? Then you will need to find out your revolving monthly expenses which include your cost of goods, utilities and payroll. You will also need to determine the profit margin in your product. This will include calculating the cost of cups, coffee, lids and other accessories. Once you determine your bills and how much the cup of coffee cost you, then you can figure out how much you can keep each week. For more information on the cost of starting a coffee truck please visit this blog: https://bit.ly/2EMZcN5
Whichever route you choose, I wish you the best and hope you take the first step in chasing your dreams!
For More Info:- mobile espresso truck
1 note · View note
Text
Working with a Home Health Care Employee
Tumblr media
Plantaardige gezichtsverzorging
---------------------------------------------------------------
Working with a Home Health Care Employee
Supplying the primary care for an older loved one can be difficult. When you are unable to deliver all the elder treatment yourself and support via friends, family, and neighborhood organizations is not enough, it could be useful to hire a home medical care worker. He or she can offer proper care from a few hours a week for you to 24 hours a day, and can provide a great many other helpful services. Types of in-home health care services include:
Overall health Management like administration associated with medication or other topical treatments Personal care such as showering, oral hygiene, dressing, and also shaving Nutrition help just like preparing meals, assisting ingesting, and grocery shopping Homemaking expert services including laundry, dishwashing, and lightweight housework Companionship for example looking at to the senior or getting them on walks
Prospecting and Interviewing Applicants
There are numerous avenues for hiring a house health care employee. Generally, residence health care workers can be chosen directly or through an firm. Home health care agencies frequently have a staff that includes social personnel and nurses that will control your care. However choosing an independent home health care member of staff is generally more cost effective, it will also offer you more control over the form of care you receive.
Senior property care workers should be cautiously screened for proper exercising, qualifications, and temperament. Totally discuss the needs of the parent care recipient during job interview with a prospective home healthcare employee. There should be a composed copy the job description as well as the type of experience you are looking for.
Sources
Have applicants fill out a jobs form that includes the following data:
Full name Address Phone number Time of birth Social Security number Informative background Work history
Just before hiring, you should ask to choose the senior home care worker's licenses and certificates, when applicable, and personal identification which includes their social security credit card, driver's license, or photo IDENTITY.
References should be checked out carefully. Prospective employees should give the employer with names, schedules of employment, and cell phone numbers of previous employers as well as how to contact them. It is best to discuss directly to previous employers, instead of9124 to accept letters of advice. Also ask the consumer to provide or sign down on conducting a court records check
Special Points to Consider
Ensure the person you are considering hiring can really carry out the tasks the folk care recipient requires, for instance transferring the senior to help and from a wheelchair or maybe bed. Training may be obtainable, but make sure the staff completes the training successfully just before hiring him or her.
No one really should be hired on a seven-day-a-week schedule. Even the most dedicated staff will soon burn out. All personnel need some time to take care of their private needs. No worker ought to be on call 24-hours a day. In the event the elder care recipient desires frequent supervision or attention during the night, a family member or next home health care worker must be able to help out or fill in.
Live-in assistance may seem to be far more convenient and economic than by the hour or per-day employees yet there can be drawbacks. Food and accommodations costs must be calculated to the total cost of care, and it also could be difficult to dismiss an individual without immediate housing choices. If you decide to utilize a live-in agreement, the employee should have his own lifestyle quarters, free time, and enough sleep.
Job Expectations along with Considerations
Before hiring a senior citizen home health care worker, you ought to go over the tasks you expect them how to perform and other issues, including promptness, benefits, pay scale, getaways, vacations, absences, and warning announcement time needed for either boss or employee before career is terminated. If you job and are heavily dependent on your house health care worker, emphasize the significance of being informed as soon as possible if they is going to be late or lacking so that you can make alternative preparations. Be clear about notification necessary for time off, or what to do in case the home health care worker activities a personal emergency that requires these phones abruptly leave work. You should have a backup list of close friends, family, other home health care workers, or a home medical agency you can call on.
Be apparent, be plain, be manifest about issues concerning earnings, payment schedule, and repayment or petty cash cash for out of pocket expenditures.
You should spend the day with all the home health care worker in the first day to make sure you happen to be both in agreement over the way to carry out daily tasks. It could also be helpful to supply the household health care worker with a set of information on the elder treatment recipient such as: special diet plans, likes, dislikes, mobility difficulties, health issues, danger signs to be able to, possible behavior problems in addition to accompanying coping strategies, treatment schedule, therapeutic exercises, eye-glasses, dentures, and any prosthetics.
You should also provide the following facts to your home health care worker: your current contact information, emergency contacts, safety precautions and access to tips, clothing, and locations regarding washing/cleaning supplies, medical products, light bulbs, flashlights, fuse field, and other important household things.
Transportation
Another big thing to consider in hiring a senior house care worker is just how he or she is going to get to do the job. If they do not have a reliable auto or access to public transportation, then you might want to consider using the services of someone to drive him or her, that will be more economical than using taxis. Inform your insurance company in the event the home health care worker will probably drive your car when looking after the senior. Your insurance firm will perform the necessary generating background checks. If the home health-related worker is using his or her car or truck to drive the elder proper care recipient, then discuss use of his / her car, and conduct a new driving background check.
Insurance as well as Payroll
Check with an insurer about the proper coverage for the worker in your home.
Make sure each of the proper taxes are being sucked from the employee's check simply by contacting the Internal Revenue Services, state treasury department, public security, and the labor section. If you do not want to deal with typically the complexities of the payroll withholdings yourself, than you can work with a payroll company for just a fee.
Even if your home medical care worker is working as being a contractor, you are still compelled to report the earnings into the IRS. Talk to your accountant as well as financial adviser about making certain you are following IRS principles.
Ensuring Security
You should guard your private papers and also valuables in a locked record cabinet, safe deposit pack, or safe. If you are struggling to pick up your mail on a regular basis, have someone you rely on do it, or have it provided for a post box. You must check the phone bill with regard to unusual items or not authorized calls. You should put the block on your phone regarding 900 numbers, collect telephone calls, and long-distance calls.
Retain checkbooks and credit cards closed up. Review credit card along with bank statements on a monthly basis, in addition to periodically request credit reports by credit reporting agencies. Lock up beneficial possessions or keep a listing of items accessible to people employed in the house.
You can help to stop elder abuse to your family by:
Make sure the home healthcare worker thoroughly understands their responsibilities, the elder attention recipient's medical problems as well as limitations, and how to cope with nerve-racking situations. Do not overburden the house health care worker. Encourage visibility over potential problems.
Listed below are possible signs of elder mistreatment or neglect:
Personality adjustments Crying, whimpering, or neglecting to talk Sloppy appearance Inadequate personal hygiene Disorganized or even dirty living conditions Signs of incorrect sedation, such as confusion, or perhaps excessive sleeping Mysterious craters, pressure sores, fractures, or maybe burns Weight loss
If you suppose abuse, act immediately. Tend not to wait until the situation turns sad. Investigate the situation by talking towards the elder care recipient inside a safe situation, or put in monitoring equipment. Examples of violent behavior include yelling, harmful, or over controlling behavior that may involve isolating the elderly from others. If the circumstance is serious, you should affect the home health care worker as soon as possible. If you fear the anticipatory care recipient is in threat, he or she should be separated from your household health care worker as soon as possible. Position the elder care recipient which has a trusted relative or in a respite care facility. Make sure your mate is safe before confronting the property health care worker, especially if there exists concern about retaliation.
Review the situation to Adult Shielding Services after ensuring the security of the elder care person. The police should be contacted regarding serious neglect, such as lovemaking abuse, physical injury, as well as misuse of funds.
Supervisory a Home Health Care Worker
What is important to remember after hiring a residence health care worker is to keep your lines of communication wide open. You should explain the job obligations clearly, and your responsibilities for the home health care worker. Remember that the home health care worker will there be for the elder care individual and not the rest of the family. Regarding live-in arrangements, the maximum amount involving privacy should be set up for that home health care worker's dwelling quarters. Meetings should be create on a regular basis to assure that danger is nipped in the bud. When conflicts cannot be resolved following repeated attempts, than it's terminate the employee. In such a case, you could have to either place the older care recipient in a breastfeeding home temporarily or get a home health care worker by using an agency. Reserve funds must be kept on hand in the case connected with such an emergency.
General Qualification Requirements for Home Proper care Benefits
Hiring a home medical worker directly is usually cheaper than hiring through a property health care agency; but if the parent care recipient is suitable and you wish to use the assistance of Medicare, you must hire anyone through a certified home health-related agency. For the senior affected person to be eligible, three or maybe more services must be ordered by the physician. Other factors or qualification are the required need for competent nursing assistance, or one of many following therapies: physical, presentation or occupational. The folk care recipient's medical requirements will determine asset and also income requirements.
Hiring Property Health Care Workers through Household Health Care Agencies versus Separately
Different health professionals can determine the elder care recipient's requires. A nurse or societal worker can help with design and style and coordination of a household care plan. Your health care manager, doctor, or relieve planner can help with solutions being covered by Medicare. They often help make the arrangements along with a home care agency.
It is best to ask the home health care business how they supervise their staff members, and what kind of training their particular employees receive. Find out often the procedures for when a worker does not show up. Also enquire about the fee schedule and exactly it covers, there may be any sliding fee schedule. Moreover, find out if they have a policy intended for minimum or maximum several hours. Ask the agency when there are any limitations around the types of tasks performed.
Particularly if you have to pay for the care providers yourself, find out if there are virtually any hidden costs such as vehicles. If all the costs to get hiring a care worker via an agency become too much, you might like to consider hiring directly.
Selecting independent home health care individuals is not only more economical than having an agency, but it also allows a lot more direct control over the anticipatory care.
References Health care https://en.wikipedia.org/wiki/Health_care
1 note · View note